Mastercard Advocates Financial Inclusion and Economic Growth at Tanzania Industry Forum

Source: Africa.com

Mastercard hosted its inaugural Tanzania Industry Forum in Dar es Salaam, bringing together key stakeholders and thought leaders in the fintech industry to explore the dynamic financial and technology landscape and foster impactful collaborations in Tanzania. The event underscored Mastercard’s commitment to advancing economic growth through innovative digital payment solutions and strategic collaborations in the country.

Tanzania’s economy has shown resilience, with real GDP growth projected to reach 5.7% in 2024​​. A World Bank report shows that despite global economic challenges, the services sector, particularly financial and insurance services, has been a significant contributor to Tanzania’s economic expansion​.